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Oil theft reaches an all-time high!

11 September 2014, 08:20

Yenegoa - Nigerian has been hit by its worst oil crisis in years  due to theft of oil worth billions of dollars.

Al Jazeera's Rawya Rageh goes to Southern Ijaw in Bayelsa State where she follows an oil theft arrest and the destruction of multiple illegal refineries for stolen crude.

She reveals that oil theft in Nigeria is at its highest levels in five years since the government gave amnesty to former Niger-Delta millitants

Also read:10 Nigerians, 2 Britons arrested for oil theft

The government revealed that eight billion dollars in revenue were lost in 'industrial-scale' in 2013, this heavy blow on the oil and gas industry is leading to the shutting down and reduction of multinational oil giants in the region.

Rageh interviewed illegal oil workers during her investigation and  activist Nengi James who blames the government for not doing enough to secure the pipeline infrastructure and prosecute suspected illegal oil workers.

Also read: 8 in Lagos court for suspected oil theft

Rageh says that Nigerian wealth will keep disappearing into the creeks of the Niger Delta as long as illegal trade takes precedence.


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